Mortgage Rates Continue at Historic Lows! Don't miss out.

I know many of you are sitting on the fence of whether to buy or rent. Daily I have conversations with my clients about housing options. At least in the greater Augusta area with the low interest rates we've been enjoying, renting is often not the most logical answer.

Question such as "will prices go lower?", or "I'm in the military and will only be here for 3 years?" come up all the time.

The real answers in my opinion lie in the interest rates that are currently at rock bottom levels.

Regarding the first question, it's hard to know for sure but price patterns are emerging depending on price range, location, and age of the home. Overall, our prices are pretty stable however some areas are rising while others continue to fall. If you are buying and planning to get a loan, there is much more than price to consider. You must consider that interest rates are right now mostly UNDER 4%. Your real issue is a comfortable payment with a fixed rate mortgage so t's not all about prices. To discuss this further, feel free to contact us and we can go into more detail whether you are a buyer or seller.

For those in the military, typically working at Fort Gordon, your VA loan is a fantastic benefit and it makes sense to buy NOW! Strategically, even if living here for a shorter period of time, you can lock down a low rate on a mortgage that can later be assumed by a veteran or non-veteran. We all tend to agree rates will be climbing. Your low interest rate when that happens can be converted to cash in your pocket. In addition, if you decide to rent instead of selling, we can manage your property and typically you'll have good positive cash flow of the home. Contact us today for answers to these and al your other real estate related questions. You'll be glad you made the call.

You can also appy now at www.AugustaLoanStore.com to see what financing options are available. They offer VA, FHA and all types of conventional financing.